Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ennis at 1409 N Preston St, Ennis, TX, 75119 offers $3,116/mo rent that, after a $1,028/mo payment, leaves $1,623/mo cash flow. Total monthly income is $3,116/mo, and annual cash flow is $19,470/yr on $69,615 cash. Return on cash invested measures 47.88% in year one, and rental yield stands at 17.81% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 254.07% and total cumulative return in cash reaches $176,872. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,116/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75119, Ennis, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,156 (100%) |
| Owner Occupied HU | 6,955 (62.3%) |
| Renter Occupied HU | 3,633 (32.6%) |
| Vacant Housing Units | 568 ( 5.1%) |
| Median Home Value | $283,970 |
| Average Home Value | $318,336 |
Residential
11,994
Single Family
10,557
Multi-Family
1,437
Businesses
767
Date | Event | Price |
|---|---|---|
| 2024-08-07 | Price change | $210,000 |
| 2024-07-08 | Price change | $222,500 |
| 2024-06-18 | Listed for sale | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-08-14 | $3088.80 | -3.87% | $143,396 | 6.80% |
| 2022-08-14 | $3213.27 | N/A | $134,265 | 28.19% |
| 2021-08-14 | N/A | N/A | $104,740 | 3.02% |
Listed by: Travis Hitt • Bray Real Estate Group- Dallas
Mls Name: NTREIS
Mls ID: #20500772
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
